Home > News > Nanotechnology and the Changing Face of the Electric Utility Industry
October 31st, 2007
Nanotechnology and the Changing Face of the Electric Utility Industry
Abstract:
Nanotechnology: A Cautionary Tale for the Electric Utility Industry
In 1968, Swiss watch manufacturers controlled 80 percent of the world market in high quality watches. By 1973, their market share had plummeted to less than 25 percent and they were forced to lay off 50,000 watchmakers. The reason for the sudden reversal of fortune was quartz technology--a new, disruptive technology which ushered in an era of cheap, reliable electronic watches.
The story serves as a poignant reminder of the power of technological change. It is very relevant to the electric utility industry because nanotechnology--a new emerging set of technologies--has the potential to revolutionize the electric utility industry in much the same fashion as quartz technology changed the "timepiece" industry.
Source:
jumpthecurve.net
Bookmark:
| Related News Press |
Interviews/Book Reviews/Essays/Reports/Podcasts/Journals/White papers/Posters
Simulating magnetization in a Heisenberg quantum spin chain April 5th, 2024
Discovery points path to flash-like memory for storing qubits: Rice find could hasten development of nonvolatile quantum memory April 5th, 2024
Energy
Development of zinc oxide nanopagoda array photoelectrode: photoelectrochemical water-splitting hydrogen production January 12th, 2024
Shedding light on unique conduction mechanisms in a new type of perovskite oxide November 17th, 2023
Inverted perovskite solar cell breaks 25% efficiency record: Researchers improve cell efficiency using a combination of molecules to address different November 17th, 2023
The efficient perovskite cells with a structured anti-reflective layer – another step towards commercialization on a wider scale October 6th, 2023
 |
||
 |
||
| The latest news from around the world, FREE | ||
 |
||
|
|
||
| Premium Products | ||
 |
||
|
Only the news you want to read!
Learn More |
||
 |
||
|
Full-service, expert consulting
Learn More |
||
|
|
||